Elon Musk wants SpaceX to go public. Here's how it worksCompanies like SpaceX and OpenAI are eyeing stock market debuts, potentially in 2026. Going public involves choosing an exchange, filing de...
17 May, 2026, 04.07 PM IST
Avis stock's roller coaster drags US' big index Dow Jones Transportation Average along for the rideAvis Budget shares experienced a dramatic 70% plunge, following a massive surge, highlighting meme stock exuberance. This volatility signif...
24 Apr, 2026, 10.55 PM IST
Avis Budget shares touch record high as short squeeze hammers bearish betsAvis Budget shares surged to a record high, fueled by a significant short squeeze. High short interest, exacerbated by major holders like S...
21 Apr, 2026, 10.09 PM IST
Car rental firms Hertz, Avis zoom as tariffs seen hurting new-vehicle demandShares of highly shorted Hertz and Avis Budget Group surged on Thursday as U.S. President Donald Trump's plan to slap a 25% tariff on impor...
27 Mar, 2025, 08.48 PM IST
Zoomcar to launch cab rental product in India to test demand in larger marketZoomcar is launching a chauffeur-driven cab rental service in Bengaluru, India, expanding beyond its self-drive model. Facing competition f...
20 Dec, 2024, 02.02 PM IST
Solar eclipse boosts travel as Americans chase rare celestial eventThe upcoming solar eclipse drives high demand for lodging and travel in the United States. Airbnb, AirDNA, and Hertz report significant sur...
09 Apr, 2024, 11.03 AM IST
Tesla's Elon Musk downplays deal to supply cars to HertzThe Hertz announcement last week of an agreement for Tesla to supply the car rental firm with 100,000 of its electric autos helped push Mus...
02 Nov, 2021, 07.46 PM IST
For car-rental firm Avis India CEO, cycling is a passionSunil Gupta believes cycling can push oneself harder against one’s past benchmarks.
21 Jun, 2018, 08.38 AM IST
Drivezy gets $10 million in boot, to bring bitcoin paymentsWithin India, Drivezy is also looking to invest in new initiatives as also widen its geographical base.
06 Oct, 2017, 08.31 AM IST
Self-drive car rental firms like Zoomcar take leasing model for a spinAfter Revv and Myles Cars, now Zoomcar has also thrown its weight behind its leasing programme Zoomcar Associate Program (ZAP) that was lau...
15 Sep, 2017, 11.49 AM IST
Self-drive car rental firm Just-Ride to use bikesJustRide claims monthly net revenues of $0.5 million or Rs 3 crore and is confident of turning profitable by March 2017.
26 Jan, 2017, 01.51 AM IST
Mahindra Racing ties up car rental firm AvisAvis branding would be displayed in the team's garage and on the cars raced by Senna and Chandhok, the release added.
03 Apr, 2015, 04.09 PM IST
Car rental firms see a chance as Delhi's ban on taxi apps bitesThough the idea of renting a car is still not so popular in Delhi, operators insist they are much safer than hiring cabs from app-based pro...
10 Dec, 2014, 12.22 PM IST
Intel invests $65 million in tech firmsThe US-based firm's global investment and M&A arm, Intel Capital, has invested in firms that are working on innovations in the domain of cl...
23 Oct, 2013, 01.25 PM IST
- Carzonrent plans to raise 100 crore from PE firms
Car rental company Carzonrent India is close to raising Rs 100 crore from two private equity firms, including BTS India Private Equity Fund.
26 Jan, 2011, 06.36 AM IST
- Non-metro airports next hotspots for car rental firms
Industry analysts say that the self-drive component comprises barely 5% of the car rental industry and is poised to go up to 20%. In pics: ...
26 Dec, 2007, 06.01 PM IST
- After skies, Goyal plans to rule roads
Goyal's Jetair to enter into car rental market in JV with former Volkswagen group company Europcar.
28 Sep, 2006, 12.53 AM IST